Bluelinx Holdings Inc. · NYSE:BXC
Bluelinx — Merger or Acquisition (October 2022)
11 slides from Bluelinx's merger presentation, Oct 4, 2022
Slide 1: Vandermeer Acquisition
VANDERMEER ACQUISITION | 1 Vandermeer Acquisition October 4, 2022
Slide 2: Safe Harbor Statement
VANDERMEER ACQUISITION | 2 SAFE HARBOR STATEMENT This presentation contains forward-looking statements. Forward-looking statements include, without limitation, any statement that predicts, forecasts, indicates or implies future results, performance, liquidity levels or achievements, and may contain
Slide 3: Opening Remarks
VANDERMEER ACQUISITION | 3 Vandermeer Acquisition Opening Remarks
Slide 4: Vandermeer Acquisition / Transaction Overview
VANDERMEER ACQUISITION | 4 ▪ Acquired privately-owned Vandermeer, a premier wholesale distributor of building products with trailing twelve-month sales of ~$150 million that serves over 250 customers across the Pacific Northwest, Alaska, Hawaii, British Columbia and Alberta ▪ Signed and closed Octob
Slide 5: Vandermeer Acquisition / Strategic Rationale
VANDERMEER ACQUISITION | 5 ▪ Aligns to specialty products strategy ▪ Establishes meaningful growth platform in the Pacific Northwest: ❑ Adds three distribution branches in Washington state ❑ Provides direct access to Seattle and Portland (two of the top 15 MSAs in the United States) ❑ BlueLinx now h
Slide 6: The Northwest's Premier Wholesale Building Products Distributor
VANDERMEER ACQUISITION | 6 VANDERMEER ACQUISITION / The Northwest’s Premier Wholesale Building Products Distributor GEOGRAPHIC FOOTPRINT SPOKANE MARYSVILLE LYNNWOOD KENT Seattle #9 MSA Portland #13 MSA SUPPLIERS >50 CUSTOMERS >250 SALES ~$150m EBITDA MARGIN ~13% Sales office Distribution branches TR
Slide 7: BlueLinx / Expanded Geographic Footprint
VANDERMEER ACQUISITION | 7 BLUELINX / expanded geographic footprint BlueLinx Locations ’21A-’23P R&R and SFHS Growth We now serve all 50 states with locations in of the highest growth metropolitan statistical areas (MSAs) (1) 75% (1) Highest growth MSAs as forecasted by John Burns Real Estate Consul
Slide 8: Creating Value / Strategic, Disciplined Approach to M&A
VANDERMEER ACQUISITION | 8 CREATING VALUE / strategic, disciplined approach to M&A DISCIPLINED DEAL EXECUTION ▪ Dedicated corporate development team bringing speed and discipline ▪ Multi-channel pipeline development aligned with strategic criteria EFFICIENT INTEGRATION ▪ Prudent pre-close assessment
Slide 9: Questions
VANDERMEER ACQUISITION | 9 Questions
Slide 10: Non-GAAP Financial Measures
VANDERMEER ACQUISITION | 10 The Company reports its financial results in accordance with GAAP. The Company also believes that presentation of certain non-GAAP measures may be useful to investors and may provide a more complete understanding of the factors and trends affecting the business than using
Slide 11: Non-GAAP Reconciliation / Supplementary Financial Information
VANDERMEER ACQUISITION | 11 Non-GAAP Reconciliation / Supplementary Financial Information Note: These calculations are based on unaudited financials and preliminary estimates for September 2022 results provided by the seller Vandermeer Forest Products For the Trailing Twelve-Month Period September 2
BlueLinx Holdings — Merger or Acquisition (October 2022) on 6ix